Two Types of Efficiency
{"Image DocumentName": "Two Types of Efficiency", "Image ImageDescription": "Productive Efficiency- Products are being produced in the least costly way. This is any point ON the Production Possibilities Curve. Allocative Efficiency- The products being produced are the ones most desired by society. This optimal point on the PPC depends on the desires of society. 15.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}